^{page 353 note 1} Profits on the gold transit trade and on foreign exchange operations in the Beirut market produced a net credit for the balance of payments of about $15 million in 1951.—Fei, Edward and Klat, Paul J., The Balance of Payments of Lebanon (Beirut, 1954)Google Scholar.

^{page 353 note 2} See Meyer, A. J., “Entrepreneurship,” in Middle East Economic Papers, American University of Beirut, 1954.Google Scholar

^{page 354 note 3} “The Development of Cotton Cultivation in Syria,” UNRWA, Quarterly Bulletin of Economic Development, February 1952.Google Scholar

^{page 357 note 1} As regards sources of entrepreneurship, perhaps the cotton textile industry almost everywhere has been an atypical case in the early stages of development, owing principally to a widespread pre-existing demand for its products and to technological factors.